305 West 16th Street, #PH-C, New York (Chelsea), NY, 10011 | $1,850,000

Located in Chelsea’s 305W16, Penthouse C is an east-facing, well-appointed, split two-bedroom, two-bathroom home. Double-pane, triple-locked windows provide peace and quiet but allow for plenty of natural light and views of The Empire State Building. Sturdy Jatoba Brazilian cherry hardwood flooring is found throughout the home. The open kitchen, ideally located next to the dining area, features Caesarstone countertops, a Bosch range, a cooktop and microwave, a Fisher & Paykel refrigerator, and custom Italian-made Cerused Wenge cabinetry. Both bathrooms have shower stalls, custom Italian-made vanities, Grohe and Toto fixtures, and Roca porcelain and marble tile. Ample closet space and a Bosch washer/dryer complete the space. This unit also comes with two spacious basement storage units, a 345-square-foot designated private roof cabana with plenty of space to entertain, and unobstructed views of NYC’s iconic skyline. 305W16 provides residents with a full staff, a 24-hour doorman, a fitness room with a Peloton bike, and a beautifully planted common roof deck. At the crossroads of Chelsea, the West Village, and the Meatpacking District, 305W16 sits in NYC’s vibrant cultural center. The building is investor, pied-a-terre, and pet-friendly.

Features

  • Town: New York
  • Cooling: Central
  • Levels: 7
  • Amenities: Bike Room; Garden; Fitness Room; Laundry Room; Roof Deck; Private Storage;
  • Rooms: 5
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: InUnit,OnCommonFloor
  • Complex: 305W16
  • Year Built: 2011
  • Pet Policy: Pets Allowed
  • Washer/Dryer Allowed: Yes
  • Washer / Dryer: Yes
  • Building Access : Elevator
  • Service Level: Full Service
  • Doorman: FullTime
  • OLR#: PRCH35214369
  • Days on Market: 71 days
  • Website: https://www.raveis.com
    /prop/PRCH35214369/305west16thstreet_newyork_ny?source=qrflyer
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
Listing courtesy of CORE Group Marketing LLC

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Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

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Our Insurance Division:

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305 West 16th Street, #PH-C, New York (Chelsea), NY, 10011

$1,850,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.Alvarez@Raveis.com

NMLS Mortgage Loan Originator ID 1880936

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,480,000 $1,480,000 $1,480,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.375% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.821% 6.474% 6.036%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $8,403 $9,233 $12,389
Total Monthly Payment $8,528 $9,358 $12,514

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.